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tv   The Intelligence Report With Trish Regan  FOX Business  October 29, 2015 2:00pm-3:01pm EDT

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they're getting ready for filibuster with the likes of rand paul. he promised last night he will try to talk away the two-year budget deal he says is no deal. the one that has caps on spending doesn't have caps on spending. it is a moot point. dagen mcdowell in for trish regan. they hope your bladder shows up, you have to talk and talk, right. >> are you talking about my bladder. that i have problems? , nice talking to you, calm down. >> love you much. neil: be good. >> never, thank you, nearly dagen: i'm dagen mcdowell in for trish regan. a chance for an underdog
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candidate to proclaim he is sick of it all. one of the things taken away from the third republican debate is frustration with moderators. >> this is not a cage match. you look at question, donald trump, are you comic book villain? ben carson, can you do math? marco rubio, why don't you resign? jeb bush, why have your numbers fallen? how about talking about substantive issues people care about? [cheers and applause] >> let's be honest is this come book version of presidential campaign. >> not a comic book and not nicely asked question. >> isis and al cade attacking us and we're talking about fantasy football? [cheers and applause] dagen: we have complete coverage of last night's debate throughout the hour. joining me right now, republican strategist, ford o'connell. an democrat chuck rocha from solidarity strategies. we start with our very own blake burman. blake, start with a simple question. who won?
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>> that indeed question of the night, right, dagen? donald trump using his internet feed highlighting twitter polls and drudge and cnbc that he came out on top. however you have to wait a few days until first batch of scientific polls to see who might made a move among republican voters. two of the names are being thrown around as beneficiaries of last night's debate are senators ted cruz and marco rubio. pollster frank luntz said the cruz sound bite you played at the top. he said that was best line ever charted at primary debate. rubio also appeared to get upper hand with jeb bush in an argument about rubio's lagging senate attendance. however rubio pretty much downplayed his performance a little bit this morning, potentially setting expectations for our debate coming up in two weeks. >> this is part of a long process. there have been two other debates. we felt good about those too.
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we felt good about this one. we'll work for the next one hosted by this network or business network. reporter: dagen, he was asked about his performance last night and status of his campaign. he basically laughed off assertion he in trouble. didn't want to go there at all. instead he said quote, we're still in october. back to you. dagen: thank you so much, blake. blake burman, covering the debates for us. let's go to ford and chuck. gentlemen, i want to talk to you about the following things. so a lot of the wins blake was talking about, wins that were scored, how lasting do you think they will be? they were really were at the expense of the moderators? >> i -- dagen: ford, i go to you first, ford. >> i definitely don't think it will last longer than 72 hours. the question is, what the next set of polls say. again the fox business debate comes up. i will say this, it was a great night for florida senator marco rubio and for texas
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senator ted cruz. question can they parlay this into the nomination. we don't know yet. dagen: chuck, what do you say. >> a whole cast of characters normally in single digits trying desperately to be noticed. i agree with luntz, the cruz moment was very good. the cruz moment across all party lines, people get frustrated not talking about something they care about. something nobody cares about, that is the media. dagen: thank you very much. the segment is over. you all can get out of here. ford, to that point, i pick up something sandra smith was talking about this morning, there wasn't much discussion of actual issues. that these candidates, the winners last night, if you will, scored points because the moderators were so awful, but that hurt all of them down the road you think? of course we have the fox business debate coming up in just a couple weeks. >> no, i don't think it hurts candidates at all.
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in fact i think it actually warmed some of them up who might have not thought of them before. but i will say this, but when have the questions are literally gotcha questioned, you said or did controversial x, explain. only people that look bad are cnbc. we'll have a whole bunch of more debates. we'll go through a lot of primary caucuses. i don't think it hurt them. i think it really helped marco rubio and ted cruz. for ted cruz, he looks like a viable alternative for conservative insurgents other than trump and carson. rubio wants to be insider's nominee. frankly he had the best all around debate. dagen: let's listen to a little bit of sound from candidates criticizing what happened last night. >> i don't think it is atypical from what you see among most people in the mainstream media, privately they believe they're smarter than people running. they can't wait for their chance to show up in front of their buddies by asking a question they think will embarrassing especially questions. >> moderators last night were
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awful. >> a crazy set kind of moderatetores with not the best questions in the world. >> very frustrating to be on the stage. dagen: back to what chuck was talking about, i love how the media became the story about last night. in terms of issues last night, chuck, one issue got touched on, props to these guys for discussing it, entilement reform, social security and medicare reform. chris christie came out strong on it. bush as well, a little bit less so. rand paul was talking about changing age for retirement. do you think this has legs in terms of the presidential election? >> i've been running campaigns for 24 years. there is not an election that hasn't talked about social security and medicare. people on left. democrats and me talking about republicans taking granny edge of cliff, dumping her off. you see that campaign ad run time and time again. third rail of politics. most politicians are scared to walk up to the rail. certain parts of entitlement programs have to be reformed for long term to make sure people
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paid in the system have benefits coming from them. this is debate we're welcoming to have. talking about something substantive not about the coverage or how bad the moderators do. we welcome that debate and should have that debate in america. >> well -- dagen: go ahead. >> one thing i would say about that, chuck and a lot of democrats will do take b-roll and try to scare the living bejesus among independents in battle ground states because my guys actually had discussion. who is one of us to best modernize moving forward. democrats will say you can't take this away. people paid into it. they paid into it but didn't pay three to one and we're bankrupt. question is how to moderrize. as my guys having substantive discussion democrats were clapping all the way home. dagen: chuck, talk a little bit what happened last night in terms of moving back to attacks on media. i looked at that republican lineup. i thought they really learned something from donald trump. donald trump just a few days prior referred to the media as
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scum and horrible. i think those were the two words that he chose. but they started smelling chum in the water and then they used that to basically pivot and attack and pivot and attack. it worked. but, will it work again? >> well, i'll tell you, there is a great frustration in the american electorate. that is why you see the rise of ben carson and donald trump and even bernie sanders on left. people feel there is not a real narrative out there. it is easy, easy to go after the press. easy to go after moderators because a lot of times people feel like bias one way or other other. what ford said, distracts us from issues to be. have a formal debate about it. when you say that, no matter which side the left or right, people are willing to see the change. they want to root for their own people. want to see debate happen. they don't want to see gotcha questions no matter whether you're democrat or republican. they want to talk about the issues.
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dagen: ford, professional politicians doing better job and outsiders taking a little bit of a back seat in some ways. i look at this lineup, and think, it's still wide open. >> it is still wide open. look, trump and carson were a little sleepy last nate. remember if you're donald trump, you don't have to run faster than marco rubio. you have to run faster than ben carson. i think overall he did. one thing you can't discount carson's likability. there were a couple questions where ben carson, his answers were nonsensical. essentially may be policy acumen becong ben carson'sdown fall. if his campaign does implode the question where do the voters go? i think donald trump, on other hand he has to understand if he is not talking overall, over long period of time he is losing. >> i can say this. i talked to my mom a short while ago, asked her take on debate last night. that little old lady used an expletive. i won't share it.
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sit right there, ford and chuck. don't miss our very own republican debate in less than two weeks. we'll be in milwaukee, wisconsin, tuesday, november the 10th, asking the tough questions on the economy. it starts at 6:00 p.m. eastern time on fox business. you see the awl-tar line up. i can't wait. it is official, john boehner out, paul ryan in. republican congressman from wisconsin, just a short while ago, becoming new speaker of the house. and highest ranking gen-exer in u.s. politics. he is not interested in playing blame game, rather moving forward and becoming united. >> let's be frank, the house is broken. we're not solving problems. we're adding to them. i'm not interested in laying blame. we are not settling scores. we are wiping the slate clean. dagen: once more, that is a job that paul ryan didn't want really.
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over the years he repeatedly shot down even the idea he should consider the position. >> does paul ryan want to be speaker? >> no, he doesn't. i'm more of a policy person. i prefer spending my days on policy and my weekend home with my family. >> said that and still accepted speaker's job. whether he wanted it or not he has got it now. a big to-do list going forward. our own peter barnes has the story. what is next, peter? reporter: more open process producing legislation from all members, democrat and republican, starting with work by committees. no more of these back-room deals like two-year budget agreement that the house approved yesterday with his support. >> if you know the issue, you should write the bill. let's open up the process. let people participate and they might change their mind. a neglected minority will gum up the works.
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reporter: ryan as you mentioned took over gavel from retiring john boehner, who on his last day in congress was moved to tears, talking about growing up in ohio, with a big family and a big house on a hill. >> the hill had twists, the hill had turns and even a few tears. nothing wrong with that. [laughter] reporter: of course we were waiting for that moment. now let's give you the official vote tally here. paul ryan getting 236. democrats nominated nancy pelosi of california. she got 184. and florida congressman daniel webster got nine. back to you. dagen: peter would have been news if boehner had not been emotional, but today no surprise. reporter: yeah. on this day you bet. dagen: peter barnes down in washington for us. we go back to ford and chuck who are still standing by.
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ford, is the party chaos for the republicans in the house over? >> well, it's over for a little while because basically john boehner as he likes to say cleared the barn of the question is whether or not paul ryan will be success in changing the house. he changed the house because we just threw the old guard out. now we have generational change. for paul ryan to be successful as speaker, largely will hinge on whether or not republicans win white house in 2016. paul ryan sees himself as perfectionist in jack kemp mold. he won't see himself as success unless he gets entitlement reform and tax reform through. that is how paul ryan views the world. dagen: chuck, you have to wonder, what the freedom caucus does. you had majority of that faction of the party getting on board with paul ryan moving up into the speaker's job but will they play ball in months to come. >> i grew up in east texas you
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have a fire ant mound and it looks calm until you stick a stick in it and start stirring it up. everything looks fine now. ryan is the dog who caught the car. everything is calm and nice like what ford said. you let issue come up, freedom caucus came in on a wave, they have something to prove. really in some of the safests reddest districts in america. only way they get beat from somebody on right in primary. let controversial things come up in the house we'll be right back to where we were. >> let me say one thing a lot of people miss including media, sometimes dare i say fox news, one thing a lot of people don't understand, not just the freedom caucus and establishment. we have more idealogical diversity in the republican party. you have got moderates. you have got the tea party. you've got libertarians. you have got social conserve activities. up to ryan to build the foundation in next year because if we don't have a republican president in 2016, oh, my god, you would think it is chaotic now. just wait. >> that's true. dagen: i was going to say, chuck. >> thanks, chuck.
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mitch mcconnell. while he is more in the senate, more careful about what he pushes, because, kind of believes that they need to have republican in the white house for any change to actually happen, right, chuck? >> yeah. i think that, a, the senate is a -- group of really old men over there doing that work and just a few ladies. you have this group that moves slowly to begin with. you don't want, mcconnell is trying to keep his job as well and not stir up the fire ant nest i was talking about. he doesn't want to stir that up. he is a little more calculated in his words. it was easier when barack obama in there, wasn't in power, our first job is to make sure we don't see a second term. first job is to take him on in his policy analysis. i think you see a much more, way they move these issues in the senate much different than the way ryan runs it in the house. >> also only takes 60 votes in the senate. runs like catholic church where the house run likes protestant,
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first ink thing up will go out the door. different set of rules. most americans don't know that. that plays to mcconnell's advantage if there is not a republican in the white house. dagen: ford and chuck, i always like having you on because you make me more sound less like a hay seed. >> yes, ma'am. dagen: cheers. hillary clinton in a state where she is struggling, new hampshire. instead of going after the frontrunner there, bernie sanders, she is focusing on? her republican rivals. plus you know how those aussies sound? i won't imitate them, but you know what i'm talking about. there is a new study that points to booze as driving factor behind that accent. ashley webster is not australian but up ahead to explain it all. stay with us. ♪
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>> i know who is the pessimist is hillary clinton. you put me on that stage next september, she won't get within 10 miles from the white house, take it to bank. >> i'm running for president because no way to let hillary clinton continue policies of barack obama. >> i may not be your dream candidate just yet but i can assure you i'm hillary clinton's worst nightmare. dagen: 14 times is how many times they mentioned democratic front-runner hillary clinton in last night's debate. clinton in new hampshire, live tweeting events in colorado. here is one example of what was posted. she seemed to shrug off the hashtag gop debate. today she is continuing to be in general election mode, focusing on republicans and chief democratic rival bernie sanders.
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democratic strategist, matthew lipman joins me now. is this right strategy if she is treating the race as if it is smooth sailing ahead. >> i don't know. i hope it is smooth sailing ahead because i'm a hillary supporter, dagen, but i understand why the republicans are attacking hillary instead of attacking each other. that is smart strategy on their part. with hillary, the mess of the republican primary not knowing who will come out of it, i wouldn't worry about it. i would shore up my support, raising money as best i can and worry about who is the republican candidate is later on. dagen: does she need to worry about voters becoming tired of seeing her an hearing from her? the more she talks, more trouble me sheet get into? >> i don't think she will get into trouble. i really don't think at all, from the media perspective, from your perspective probably wish biden was running so this could be a little bit more competitive
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and more exciting and having hillary against bernie sanders, i'm a democrat, not just that exciting compared to what is going on with the republican side with all the candidates which i love watching that stuff, almost as much as i love watching super bowl. i think hillary is now in the position where she will be in pretty good shape through the democratic and republican conventions through july of next year. we may get a little bit board of the democratic primary but she is in really good shape. what else can she do? she is the front-runner. dagen: if you're supporter, do you worry, you have to worry, don't you, about the fbi investigation into her email server? >> you know i haven't heard anything new. you're asking a good question. i haven't heard anything new about the email server in a while. for me it is out of my mind basically. i really don't think about it. it comes up when i talk to you guys. i haven't heard other people talk about it really much at all. a little bit about the benghazi stuff because i think people are a little bit confused. mostly after that benghazi hearing last week and first
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democratic debate hillary is in very good shape at this point. for me i don't have any concerns going forward. i do of course worry that the, democratic primary, i would have liked it in some ways if biden was there for a little bit more of a challenge for hillary. but look, next september, next october, we'll see bunch of debate with the republican candidate. i think hillary is in very good shape at this point. dagen: matthew, good to see you. sit tight. we'll see you shortly. marco rubio came out swinging last night. >> just, you just listed a litany of discredited attacks from democrats and my political opponents. i won't waste 60 seconds day tailing them all. >> more on the florida senator's dig at jeb and moderators. stay with us. ♪
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. dagen: after 30 years china's married couples will no longer
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be limited to just one child. the couple allowing married couples to have two children. the restrictions have led to imbalanced gender ratio because of a traditional preference for boys. turning to the campaign trail where the issue of taxes and the economy took center stage at last night's debate and sparked a few fights between the moderators and candidates. >> there are loads of great ideas, great conservative ideas from wonderful think tanks how to reform the tax code. the problem is we never get it done. >> the government has lied to you and stolen from you, they told you that your social security money is in a trust fund. all that's in the trust fund is a pile of iou's from money they spent from something a long time ago. >> the most pro-growth tax plan, it doesn't tax investments at all. the more you tax something, the less of it you get. dagen: i love how governor chris christie looks right into the camera rather than the
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moderators. we're grading the tax plans with tax foundation president scott hodge, good to see you. you can disagree with me, please do, if i'm wrong. there seems to be a lot of similarity between many of these plans. so tax simplification with maybe three or four tax brackets. which one breaks out for you? >> i don't know, dagen. the great thing is that you have seven and soon to be eight very detailed tax plans by all of the candidates. and it makes it very exciting for those of us who believe in fundamental tax reform because this gives us an opportunity to debate these issues, and yes, there are subtle differences between them. marco rubio's plan creates the most economic growth. donald trump's plan is the biggest tax code of all would and increase the deficit by $10 trillion. ted cruz and rand paul have sort of flat tax plans that are very interesting and unique, it's exciting to look at all of
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the differences but understand they all create an enormous amount of economic growth, they boost wages and boost jobs and created new investment in the economy. that's all good stuff. dagen: i want you to listen to ben carson essentially getting slammed for calling for a flat tax. listen to this. >> remember, we have 645 federal agencies and subagencies. the anybody who tells me that we need every penny in every one of those is in a fantasy world. so also, we can stimulate the economy. that's going to be the real growth engine. dagen: scott, you listened to this. is a flat tax, 15% flat tax out of the question? >> not necessarily out of the question. the devil is in the details as they say, and one of the challenges you have with a flat tax is you've got about 50 million americans who pay no income taxes whatsoever and often get refundable tax credits or income subsidies
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through the tax code, if you erase all of that, you end up raising taxes on the poor people if you don't do it right, and you have the optical challenge that flat tax cuts rates for everybody including the rich. and since people under $200,000 a year pay half or more of income taxes you are cutting taxes for the rich, which people might criticize. you have the optical challenge of raising taxes on the poor or cutting taxes on the rich. dagen: scott, real quickly, if a republican wins the white house, do we get significant broad-based tax reform? >> absolutely. especially with paul ryan who's the speaker. those two working in tandem would be a dream come true for tax reformers. dagen: scott hodge, good to see you, take care. don't miss republican senator and presidential candidate rand paul on fox business today at 4:00 p.m. eastern time. he's going to talk with melissa francis and david asman on "after the bell," you don't want to miss that. after the break, jeb bush
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came out swinging last night at his own protege marco rubio. so how much did this hurt the former florida governor? jeb bush: this president, with all due respect, believes that america's leadership and presence in the world is not a force for good. america has led the world and it is a more peaceful world when we're engaged the right way. we do not have to be the world's policeman. we have to be the world's leader. we have to stand for the values of freedom. who's going to take care of the christians that are being eliminated in the middle east?
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but for the united states, who? who's going to stand up for the dissidents inside of iran that are brutalized each and every day? but for the united states, who? who's going to take care of israel and support them - our greatest ally in the middle east? but for the united states, no one - no one is capable of doing this. the united states has the capability of doing this, and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message.
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. >> marco, when you signed up for this, this was a six-year term, and you should be showing up to work. literally, the senate, what is it like a french work week? you get three days you have to show up. you can campaign, or just resign and let someone else take the job. >> i don't remember you
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complaining about john mccain's vote record. the only reason you're doing it now is we're voting for the same position and someone convinced you attacking me is going to help you. dagen: those fellas from florida. the establishment candidates if you want to call them that hitting each other last night. marco rubio almost neutralizing jeb bush. and that could be the final nail in the coffin for the former governor's campaign who many experts said needed a breakout performance to make up for the struggles he's had recently. even financial struggles. five days ago the legacy politician announced deep cuts to his campaign, slashing salaries to almost half. his powerful family hasn't been able to help jeb generate momentum. joining me is mathew littman and vincent, can jeb keep going from here? >> he's gone three debates now where his performance has been
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less than memorable. it has been did jeb survive? i like to look at a famous debate, the mitt romney-barack obama debate where president obama had a lackluster performance and set his supporters back, and they were nervous about his performance and he came back strong in the second debate. and mitt romney has not done that despite many warnings by supporters and people who want him to do well. dagen: mathew, i know you're a democrat, look at it this way. who advised jeb bush to go after marco rubio? who told him that was a good idea? >> you know, i have to say it's jeb bush's fault whoever told him it's a good idea. he may get a lot of ideas. that was a horrible attack, the joke about the french work week, the most wooden delivery i've seen, i live in l.a., seen
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a lot of bad acting. i said jeb bush should drop out awhile ago, he should drop out of the race. he has zero shot of winning. no enthusiasm, what he does have is rich donors, i personally think he has a fear of going home for thanksgiving and having dinner with his brother and dad having dropped out of the race. he really should let this go. >> you have to wonder if his super pac is going to help make up some of the short false. everyone is talking about how his campaign is running out of cash. jeb bush has raised record numbers in the super pac, will they bring in the calvary. >> the problem is the more we see that of jeb bush, i'm coming at it with objectivity on the republican side. the more people see jeb bush, they like him. the idea he can do something differently in the next debate, forget it. people said it going into this debate.
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he's not good at. this he was the governor of floored far a long time. he has a good record, he can be proud of himself. he's taking up oxygen from the realistic candidates like rubio who have an actual shot at it. dagen: he does, not to nitpick but he does act like somebody who maybe doesn't want to be running. the reason that the attacks by donald trump resonated about him not having enough energy is because it's true. that's why people pay attention to that. i don't know how you ramp up your energy level and ramp up the sense of excitement about your campaign because it seems like this is ennui has set in, ben? >> i don't know what he's thinking. i've been tortured over this. in the beginning of the debate he was asked admittedly a stupid question, what is your greatest weakness? he alluded something about the patience, he doesn't have the patience for this process, and
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i don't know what to make of that. does he feel a sense of entitlement about this process he should have been a foregone conclusion the way hillary has been on the left? or is he not that into running for president. and either way that certainly seems to be the behavior we're seeing on stage. >> i have to say that question was such a bad question, that opening question by cnbc set the tone of bad questions for the night. >> fox business' debate is going to beat the pants off of this one. i'm confident. dagen: yes, it will, what is your favorite restaurant? do you like pizza with? are you chicago-style or new york-style? >> exactly. dagen: is the altitude bothering you at all? are you feeling okay? it was strange, but you know what, i watched every minute of it, and wasn't because i had to do it for work, i was sucked in by the awfulness. >> fox business has to feel badly about how cnbc -- dagen: you know what?
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we will kick you know what, because we work hard. >> let me say, this dagen, if you are asking questions and quoting things, have the quotes that the candidates said in front of you. >> i know what you're talking about. i had that buried in the back of my mind. i was yelling at the television set saying he said it on his website, trump said it on his website. mathew, thank you so much, mathew and vince, take care. >> take care. dagen: a little more promotion don't miss our very own republican debate in less than two weeks, we'll be in milwaukee on november 10th asking tough questions about the economy. starts at 6:00 p.m. eastern time, trish will be there, sandra, maria, neil, i can refer to them on a first name basis, that's how cool i am. blame it on the booze, mate. how the drunken slurs of founding fathers resulted in the australian accent. stay with us. ork and the cloud. it's reliable uptime. and multi-layered security. it's how you stay connected to each other
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allergan rising sharply after it held talks with rival pfizer about being boughtout. the allergan the maker of botox. the company describes the state of the preliminary friendly discussions adding no deal is reached yet, and no certainty that one will. "the intelligence report" will be right back with more on these markets.
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. dagen: stocks struggling to gain traction today after the government said growth in the economy slowed more than expected over the summer. the federal reserve had good reason to put off interest rate increase yesterday until at least december. i want to bring in ashley webster and liz claman. liz, to you first, beauty first always. [ laughter ] >> or is it just the stocks that had an incredible run this month that a breather is completely expected? >> exactly dagen, not a surprise after four straight weeks, ashley is kind of pretty, too. >> thank you, liz. >> right back at you, babe. i got your back. we have a great rearview mirror picture where stocks ran up. they do not grow to the skies, so we have to see a little sell-off, that doesn't surprise me, i would say the gdp number is disheartening dagen, when
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you see it having gone from 3+% from the previous quarter to the first print looking darned anemic, i look at 1.5% and think what is going on? why is this so difficult? can you blame everything that is going on here? no, dagen, we have a very, very questionable global economy, that certainly plays into the picture. when i see housing slowdown, we have existing home sales looking weak and pending home sales, that didn't look good at all, i get a little nervous. dagen: ashley, durable goods orders, aircraft were pretty weak, consumer confidence rolled over, we found that out earlier in the month. again, it seems like all of this giddiness in the month of october is because the federal reserve is going to do nothing? >> it's interesting, you know, i was talking to traders saying we're moving lower today after what was considered perhaps a rosier picture by the fed in the economy than most of us
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believe it really is, to liz's point, the gdp is anemic and manufacturing, you name it. the housing sector has been showing signs of getting traction, that too is struggling. there's no way in heck the fed is going to do anything around december unless janet yellen goes rogue, and i wouldn't count on that. >> except, dagen, let's not forget amazon came out with amazing numbers. people are buying hand over foot. auto nation had record numbers, ferrari says sales of very expensive cars, 160,000, up 21%. there are bright spots around. there are people who have money, consumerism that's happening, it's a question of whether we get a wider and broader wave of that sooner rather than later. dagen: thank goodness for consumer spending during the third quarter, that is what held up the overall economy. thank you so much, liz, see you at the top of the hour. ashley, i think we're going to talk about drunk aussies.
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>> can't i play in that? [ laughter ]. dagen: i heard ashley tell a story. maybe you'll share one of those. maybe. >> maybe. dagen: sit tight. a new robot is wreaking havoc at m.i.t. punching through dry wall, smashing soda cans, karate chopping boards. not talking about neil cavuto. this is a robot. all in an effort to save lives. we're going to be in the labs of m.i.t. next. just wanted to touch base. we came to manage over $800 billion in assets, through face time when you really need it. it's how edward jones makes sense of investing. ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes.
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>> robots were invented to save time and money, this robot could save the lives of our country's bravest. [ sirens ] . >> five years ago ed rush -- >> heavy smoke, heavy fire. >> was called to a five-alarm fire in white plains, new york. >> the building is completely engulfed in flames and you're not sure whether anyone is inside? >> right, extremely unnerving, it can be the worst nightmare. >> reporter: exactly the worst nightmare m.i.t.'s albert wang had in mind when he invented hermes. the world's first biped robot, specifically designed for disasters. so unlike most robots hermes is controlled directly by human movement like an avatar so it can do things other robots can't? >> exactly. what we've done is we wanted to send a robot into a disaster situation so we don't risk human life.
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>> reporter: hermes has the dexterity to pick up objects like a drill. it also has the strength to smash through sheetrock. >> what really sets it apart is this belt which has a unique balance feedback interface allowing hermes to go where no robot has gone before. this lets the pilot know if hermes is off-balance? >> exactly. one of the unique features of our system, just like how you need to say balanced and shift your weight when doing sports, we have sensors in the feet of the robot that sense that too. >> reporter: the belt that pushes the operator around so he can feel exactly how the robot is balanced. they say this is absolutely the future of robotics. dagen: how quickly do you think that these -- they're not even devices, but the robots wind up being used in the general population? >> you know, they go through a lot of testing, so obviously this is the beginning stages,
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but it's the first time they've invented this balance feature which they say will make controlling a robot so much easier. dagen: were you blown away by the talent and the brainpower of the students at m.i.t.? >> it's just amazing, they first have to think it and then they're putting it into action, just really an incredible thing to see. dagen: at m.i.t. and a lot of other schools. >> yeah. dagen: good to see you, we never get to spend time together, douglas kennedy. still to come, why researchers are blaming the australian accent on alcohol? big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked.
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made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern.
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. dagen: the australian accent is the result of booze. booze? that's right. experts from victoria university believe that the quirky australian dialogue comes from boozey conversations between settlers. this researcher says they drank together often and unknowingly
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added drunken slurs and phrases to the national dialect. ashley webster has an accent, he's from britain. he knows about being drunk and australian accents. >> what kind of setup is this? go ahead. dagen: i'm just kidding, can i say that because you're my friend. do you buy this? you're married to a beautiful woman from australia. >> i am, the australian accent much like america, depending where you are, there are different variations of it, there's no doubt this theory which is just that, a theory, it's pretty interesting that this theory says one third of the australian mouth is not even used and basically spends its time sitting on a couch while the other two-thirds of the mouth do the work, the australians have a slurry english, if you like with a twang and a slur. winston churchill, i wrote this down, he described the australian accent, quote, the most brutal maltreatment ever
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inflicted upon the mother tongue. you know, there are times when -- my wife spent many years in england, she has more english australian which is a little softer. there are times, i have to admit when you drink a little more than perhaps you intended to, you can sound a little australian if you're english. maybe there is truth in the theory. dagen: when you visited australia and had a drink or 12 with your relatives and your wife's family, do you start sounding australian? >> people in this country think i'm australian anyway. i think a combo of english and american comes out as australian. when i hang out with my wife's family, god bless them, they know how to have a good time. one of my brother-in-laws is 6'9", you can imagine how much he can put away. the first time i met my father-in-law was not a pretty
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sight, i will not forget it since. dagen: do you want to do a little australia for me? >> blimey, it is australian. crikey! >> at least you didn't talk about shrimp on the barbie. i love you so much. thank you, ashley. liz claman. liz: that's not a knife, this is a knife. crocodile dundee! we're going to a heavy american wall street accent on the second to last trading day of the month. we've got slowing growth weighing on the markets today. dow jones industrials down 40 points right now after the gross domestic product product, the first print for the fourth quarter comes in, 1.5%. very soft. history today on capitol hill. wisconsin congressman paul ryan now has the gavel firmly in his grip. he is the 62nd speaker of the

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